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Artis Real Estate Investment Trust up sharply

Artis Real Estate Investment Trust closed up sharply Friday, rallying $0.28 or 2.17% to $13.16. Over the last five days, shares have lost 1.20% and sit 2.49% above their 52-week low. This security has underperformed the S&P TSX by 9.75% during the last year.

About

to its unit holders. The Company invests on retail, office and industrial assets in western Canada, as well as in the Greater Toronto Area (Ontario) and select markets in the United States. The Company owns office, retail, and industrial properties. Artis REIT’s portfolio is comprised of industrial, retail, and office space in Canada and the United States. The Company’s REIT portfolio was comprised of 244 commercial properties totaling approximately 25.6 million square feet (S.F.) of gross leasable area (GLA). Artis' real estate is diversified across five Canadian provinces and six United States states, and across the office, retail and industrial asset classes. The Company’s REIT’s portfolio includes Calgary office properties, Winnipeg office properties and Twin Cities Area industrial properties.

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